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Holiday Readiness, Lab-Grown Pricing and More of Your Letters

One reader says dealers need to chill out.

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Holiday Readiness, Lab-Grown Pricing and More of Your Letters

Are You Ready For The Holidays?

  • Been ready. Need to salvage the year. Too much good merch sitting around. Need to close everybody. — Rick Nichols, Nassau Jewelry, Fernandina Beach, FL
  • Hoping for a real Christmas. The past years have been way more independent purchasing, with less intense holiday shopping. — Kelli Reinbold, Vernon Jewelers, Salina, KS
  • More than ever, we must be mindful of overbuying. It’s a very good idea to work out special memos with existing vendors, or at least very liberal stock balancing not necessarily tied to additional purchases. Small brick-and-mortar stores that pay their bills are in demand! — J. Dennis Petimezas, Watchmakers Diamonds & Jewelry, Johnstown, PA
  • 52nd Christmas in the trade. If I’m not ready now, I never will be. — Ira Kramer, The Diamond Exchange Of Maryland, Rockville, MD
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Time for an Adjustment

  • Can’t wait for lab-grown diamond prices to fall down to lab ruby, sapphire and emerald prices so we can stop the charade of having to explain the difference to consumers and why they are paying so much for a lab-grown diamond now. — Robert Borneman, Diamond Jewelers, Centereach, NY

Politics Shmolitics

  • Stop obsessing over politics and focus on our businesses. We can’t use the political climate as excuses for our shortcomings. In any time, some stores are thriving and others are dying. We control our own destinies. — Robert Mullen, Mullen Bros. Jewelers, Swanswa, MA

Break from the Norm

  • I always look forward to each month’s magazine. It’s a nice break from the store and news. Thanks, INSTORE! Tommy Thobe, The Village Gem, Perry Hall, MD

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SPONSORED VIDEO

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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